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Showing 20 of 2,767 results by Makus
I hope the seniors here will try to help me.
Thank you.
Thank you.
The beauty about bitcoin is that it can make transaction from every part of the world provided you have an internet connection and you can also make very large amount of transactions without anyone knowing who you actually are. And it is considered digital gold because gold is a valuable asset however they called it that because bitcoin with just few years of existing compared to gold has grown rellay fast in value while it still has the transaction features like gold. Gold is actually a currency and also an asset which stores value and bitcoin also is.
I recently encountered an ad from youtube about a gambling platform and it featured a very popular celebrity in my country. It was short but a good amount of time was dedicated at the end warning gamblers that gambling will not be the solution to their financial problems and it will not improve their economic status. It got my nod of approval because it really is that easy. But some governments still think that this kind of warning is not enough for gamblers to stay responsible. But don’t you think that a constant reminder can wake someone up from delusion? What do you think? Is this enough or should there be more ways to promote responsible gambling?
The truth is, sometimes gambler forget about the side effect of gambling addiction or irresponsible gambling and after they must have lost everything that's when their consciousness restors back to normal that gambling cannot give them the kind of life they're looking for. So cases like this means if they can get reminded often that this is not a charity center for gifting our some cash i believe most gamblers would adjust their mindset. But the problem here is casino understand this and that is why they don't give such reminders so they can continuously make huge profits. Believe it or not, they benefit more when you get addicted, however the best they can do is advise you gamble responsibly.
We always talk about addictions, about how to gamble to achieve better results, but the topic of what goes through the mind of a healthy gambler is almost never touched upon.
Healthy gamblers are the majority. I wonder if there's something we all have in common that keeps us on the right path and never oversteps our limits.
Perhaps it has something to do with the time we dedicate to gambling, whether we do it for fun, or even if we have other things that take up most of our free time, like family, sports, exercise, or spending time with the people we love.
As a general dynamic, I'd like to know what you do when you're not gambling. I mean, I don't expect you to tell me about your life. The question is more focused on: What activity you do is above gambling? I mean, something you prioritize in your life more than gambling, or what you like to do. What would make you stop watching the Champions League final, for example?
To some extent the time we spend gambling also has effect on our gambling habits whether we become addicted or not, because the more you play the more the thought of playing more starts getting into your head, so timing can also affect or adds up to addiction. Another thing is planing when we go into a casino without a proper plan of spening our money, it would become really easy to gamble with more than we ought to gamble with. This is very common among gambler because sometimes we see tempting odds that looks promising and because of that we might take that to be our day of hitting the jackpot. And sometimes we increase our bet, but if we must do so we it should still be within the planned budget for gambling.
From my point of view, bankroll management is a skill that exist separately even outside gambling, and it has to do with intensed discipline unlike gambling strategies that we change often to suit our desires or give us hope of wining. I think it's very important that we all have the skills of managing our bankroll else we'll end up regretting gambling in the first place. The problem with most gamblers is staying disciplined, I sometimes find it difficult to stick to the plan but i never let that happen too frequent that it becomes my main habit. We just have to keep fighting to keep ourselves discipline because the consequences of indiscipline is too expensive.
solutions that allow shop owners to accept Bitcoin and auto-convert to naira instantly to avoid volatility.
What I know is when you receive Bitcoin you convert it to USDT or you leave it in Bitcoin and then trade it using P2P exchange, so if a supermarket is interested in accepting Bitcoin they should employ someone who will be in charge in doing the P2P trading, for now I don't think there's an auto-convert to naira app or device, however it can still be developed.
Having auto-convert to naira will be helpful because shops can now be accepting payment through Bitcoin without fear of volatility.
Some people may say it those not matter and that why should a shop owner be scared of Bitcoin volatility when even if Bitcoin falls in price it will surely rise again, if you are having this thought you need to understand that this is a business and they sell and restock there goods and they do this with the money they have already sold so you see they need to always have there money complete.
I'm happy to be here, I never knew we have Nigeria discussion place here.
Other forum I join don't have a place like this.
What I know is when you receive Bitcoin you convert it to USDT or you leave it in Bitcoin and then trade it using P2P exchange, so if a supermarket is interested in accepting Bitcoin they should employ someone who will be in charge in doing the P2P trading, for now I don't think there's an auto-convert to naira app or device, however it can still be developed.
Having auto-convert to naira will be helpful because shops can now be accepting payment through Bitcoin without fear of volatility.
Some people may say it those not matter and that why should a shop owner be scared of Bitcoin volatility when even if Bitcoin falls in price it will surely rise again, if you are having this thought you need to understand that this is a business and they sell and restock there goods and they do this with the money they have already sold so you see they need to always have there money complete.
I'm happy to be here, I never knew we have Nigeria discussion place here.
Other forum I join don't have a place like this.
Op this is a brilliant idea, if this is set up it would definitely be a very good invention because, we so many people using crypto in this country if there is an application that can auto convert to naira and also has the ability to function like every other microfinance bank it would save us the stress of going through exchanges to convert using P2P beside p2p these day is becoming filled with scammers it's only our application of wisdom is saving us from being a victim of the scam those p2p are putting up. With this idea just imagine say opay dey accept bitcoin then instantly convert am to naira wey you fit send to anybody.
Res
⭐ Merited by igebotz (2)
I hate it most times when newbies come into the forum and trying to advice everyone here how to act and behave with others around here and for that we have been accused many times of operating an account that seems to be controlled by an existing high ranking member i have seen that cases sometime here in the forums.
Between newbies that have genuine intentions will definitely grow here in the forum without having tough time as you speculates.
Between newbies that have genuine intentions will definitely grow here in the forum without having tough time as you speculates.
Cut them some slack please!! These people are always curious and after finding would want to express themselves, its a normal feeling and I believe majority of us did same while we were still newbies in the forum. Besides some account could be newbies but the person due to loss of his first account come back with reinforced knowledge yet his account rank is a newbie. Aside that most people already know about crypto for a while before joining the forum and their knowledge might be very insightful and resourceful to this forum irrespective of their rank. The way we approach matters is important most especially in this local board knowing that we are from same country, we supposed showcase oneness as our strength rather than blasting each other with discouraging words.
I gamble alone, not because I prefer it that way precisely, but because of pure chance. In fact, some of my friends love betting on sports (on sports that I don't like, unfortunately) or gamble but in platforms or physical locations I don't like. So, although I would like to have some friends I could talk to about my gambling experiences, the most similar experience I find it in this forum.
I am the same as you. I gamble alone. Because I like to enjoy casino games but my friends like sports betting so I don't have any discussion with them about gambling. And when I lose money in gambling my friends scold me. They say that sports betting is easy and you can win easily there why do I play casino games which are very risky. And I don't tell them anything. I enjoy casino games alone. And the reason is that casino games can be played anytime and are very fun.I do both, there are times where i gamble with friends and there are times where I just prefer to gamble alone probably because of the type of game I'm gambling on. In sport betting, most times i like to share insight with my friends it make the whole thing more fun. Sometimes we win when luck is on our side but sometimes we loses come around. Whether we gamble with friends or on our own it all ends up in luck being the major determinate of the result. But sometimes the quietness is what we need to keep our mind focus to make the best decisions that we can.
Re: Would you allow your underage kid to use your detail for KYC after a big win.
No one would love to see their kids gambling because we cannot be sure if they can handle the situations they face in gamble and how much of self control they have. Gamble has destroyed people live nit because it's gambke but because these people have no self control. So how much more can such thing happend in the life of an underage who hasn't seen what it takes to be responsible for their actions. I wouldn't want my children to gamble especially behind my back using my KYC information. Let's try as much as possible to advice them or talk them out of gambling because it could destroy their life if they get addicted.
There should be no much lessons to attend in order to be able to learn how to be a responsible gamblers other than making sure to use funds that we can afford to lose to gamble and not also entertaining the idea of getting rich through gambling. I think these are the simple factors that determines responsible gambling, because if you don't lose more than you can afford to then you wouldn't be having a need to chase losses, and if you're not among those that takes gambling as a means of getting rich then there's nothing you have to do with impulsive gambling at all cost.
I agreed with that and Aside from trying not to use so much funds to gamble just to prove that you are a responsible gambler, there are ways and mechanism a gambler can put in place that helps him to automatically operate a d gamble with the ambits of a responsible gambler, that covers more than not just using Money carelessly being the determinant factor to say a person is an irresponsible gambler. We must learn discipline so we don't fall victim of this situation. Even while trying out best to gamble disciplinly there often time we're the thought of overriding your schedule just hit your side so bad that it feels like you have no other option than to concor to that voice. Well the truth is, if you actually obey that voice that definitely means you're not ready to be a responsible gambler, because the only way out is discipline gambling habits. Though while trying to quit the behavior you may face difficulties and psychologist say that it's best to start reducing your hunger by still doing those things little by little until you're done for good.
At this age of seventies one can still invest in bitcoin and still make some profit from it.But in this case investing for a long period of time may not be advisable. As a novis at the age of seventies leaving your investment for a period of ten to twenty years may not be conducive for you unless otherwise the bitcoin investment is for your children or grand children, in this case long time investment is okay .
Yes dem go fit still invest in bitcoin because bitcoin na for everybody, no be for just some selected persons but the problem is that all these are old people dem no like all this digital world things them, dem Prefer to dey see their money in fait make e dey readily accessible and na there the problem dey. Well i no too blame them because no be everybody go like bitcoin and it's unfortunate they are among the persons that do not get to use the wolrd most precious coin even while they're still on earth.
⭐ Merited by igebotz (2)
I will tell you for free that every altcoins is design in one way or the other to sort for funds from the public. This is the mechanism put in place to make you believe it will yield positive result at the end.
My observation
The owners of altcoins have one thing in mind , to catch out from your invested money on there coins and start up a new business or to support their existing business or to invest the money on bitcoins itself. So it easier for them to pull out the money from the exchanges forcing the price to hit zero.
If they have good mind , they can pump in money later when they have made profit from the business. If the business collapse or target not met, the coins automatically die.
No matter how promising an altcoins can be , bear in mind that the owners has his own reason for creating them which might not be made known on the white paper. If it is not bitcoins , stay away from shit coins with hundreds of empty promises.
My observation
The owners of altcoins have one thing in mind , to catch out from your invested money on there coins and start up a new business or to support their existing business or to invest the money on bitcoins itself. So it easier for them to pull out the money from the exchanges forcing the price to hit zero.
If they have good mind , they can pump in money later when they have made profit from the business. If the business collapse or target not met, the coins automatically die.
No matter how promising an altcoins can be , bear in mind that the owners has his own reason for creating them which might not be made known on the white paper. If it is not bitcoins , stay away from shit coins with hundreds of empty promises.
Usually that's what majority of the project owners think, but i doubt if everyone has that intention as raw as you have put it to be. Altcoins now are days are filled with scam projects, now we no longer fear if a project will do well or not, the most dreaded part is find a project that has passed all the quality test of a reputable reject yet they yet they're still end up becoming a scam project. Scammers these days are just concerned on how they can make money from crypto by rugging people, however it's best to stay away from those project when you're cannot be certain when to enter or sell your crypto. I've seen coins do their ATH in very small amount of time. So imagine during this time you were sleeping after watching the market for days or throughout the night.
Even if people use bitcoin as their retirement fund na still one of the best decision be that because bitcoin in just how many year back don move with a significant increase, so just imagine person wey put em money for there dey hope for am to increase and the example wey op give na person wey dey em 70s. That kind person no get much problem again besides if em plan well at that age na em children don supposed to dey support am while if em make that bitcoin investment move so, na added advantage to am but most people at that age for this country dey see all this digital things as scam, they prefer to keep their money for bank wey dem go fit access easily.
Now, what is more addicting? Slots or sports betting?
Well the truth is alotbof person are actually addicted to sport betting as well. Let's say the football betting to instance, alot of gamblers gamble almost everyday though usually on weekends but also on the weekdays and trust me when I say some of these persons prefer to spilt their feeding money for the day just to gamble because they believe they can actually make out something off their little staked amount. Addiction doesn’t only apply to those who are losing huge amount of money, a gambler can claim they gamble with small stake but they gamble frequently, that is also an addiction, and the one that gets me laughing the most are situations whereby an addicted gambler is actually making consecutive wins and people term him as a good gambler, but if the table turns the actual name would be used
For me though it has no real effect, well some games like Fish Eye I really like the Big, Mega, Super and Epic win sounds though other than that game in almost all other games I play with the sound turned off. I don't like sounds though I like music very much and sometimes when I am winning I open a new tab in my browser and start a playlist of music or put it to Last.fm the best radio that there is in the internet or at least it used to be as I don't know if it is still the most popular one
. Gambling in the end it is all based on luck and most of these things we think have a psychological impact on us are mostly superstitions in my belief. I have a strong belief that if lady luck wants to favor you there is no one who can make you not win money and if she is not on your side no matter what you do you will lose money, this is my motto in gambling.Absolutely, you've hit the nail on the head. If luck is not money your side no matter the type of strategy you employ you'll never get a win. Some persons feel their winingbis tired is tired to several superstitious believe, I've heard of someone talk about having sex makes him loss more in gamble, some persons think showing someone else your bet selection will attract bad luck, but all these are just imaginary decisions they're not real or authentic. Well it would be difficult for you to talk them out of their believe because they might have seen this repetition for more than 2 times and so they jump into conclusions that it's a pattern lol
funny as it is, most of us has something of this nature even if it's not a funny as the examples I gave.Just want to share something I’ve observed in our community. I know a few people who are consistent gamblers, yet they also work really hard. It seems like gambling actually pushes them to hustle more, because they need money to fuel their gambling activities.
In their case, they’ve been gambling for years, but they’re still responsible with work, so I don’t see it as pure irresponsibility. Their motivation might be different, but they’re still putting in the effort, even if the end goal is just to fund their gambling.
So how do you see this kind of lifestyle? Do you judge them as wrong because their reason is gambling, or do you respect it since everyone has their own way of finding happiness?
In their case, they’ve been gambling for years, but they’re still responsible with work, so I don’t see it as pure irresponsibility. Their motivation might be different, but they’re still putting in the effort, even if the end goal is just to fund their gambling.
So how do you see this kind of lifestyle? Do you judge them as wrong because their reason is gambling, or do you respect it since everyone has their own way of finding happiness?
If anyone should put so much effort in the work they do to fund their gambling lifestyle then they are in trouble and they need immediate advice because such persons could end up destroying the source of their income and go broke for a very long time. It really easy for a boss who has knowledge of your gambling habits to let you go because he might feel threatened of what you may do to his business because of your indisciplined with gamble. At least we've heard of situations like this, however if the person wishes to save his job then he should quit his addiction.
I recently came here. The first post I saw after coming here was Bitcoin Discussion. There, I saw that everyone was discussing bitcoin freely. After scrolling for a while, I saw a short meta description below each discussion, which helped me understand the discussion. I am a new member and did not understand everything about this forum well. My question here, is this forum open for everyone? I can see that everyone can discuss about their crypto and bitcoin. Can I also discuss or post about bitcoin and crypto like others? If anyone could give me some feedback on how I can participate as a new member and I would greatly benefit. Thank you.
Well i understand your situation, you're trying to not break any rule in the forum, that's good to know but, I just want you to think of bitcoincoin like any other social media platform that you've used, but the basic differences is that here we discuss more about bitcoin and crypto and some other important discussions. All you have to do is make sure your posts are in line and ensure you don't break forum rules, like plagiarism or shit posting. That way you'll scale through and learn from the insightful discussions without having any issues with the forum. Lastly you're welcome to bitcointalk.
Re: Avoid buying Bitcoin from someone all because you know them.
Almost everyone seem to know someone that they can trust, I pity you guys because it's like you are all living in a different world, you don't listen to news and things happening around the world atleast?
I pity those who don't have anyone around that they can trust. Don't get me wrong, you should be extremely careful when dealing with IRL birtcoin transaction, but to be in constant fear and paranoid about it? No thnx. I personally did dozens of such transactions and had no issues so far. Having said that, I am very careful who I am dealing with+luckily I live in a country with one of the lowest crime rates in the world which probably also helps.
Sometimes the person we claim we trust could also have someone he trusts who ought not to be trusted. Life is full of hidden secrets and when it comes to things that concerns cryptocurrency we should be very careful because there are mysteries in the world of crypto. I've heared of situations were someone asked his friend for wallet address to receive money from something illegal just to keep his traces clean. If that matter let's investigated his freedom would be implicated while he may be allow to run free for a while that is if the investigation becomes intense that they traced the coin movement. However we need to watch who we call our friends.
I think Abaeze is misunderstanding the entire strategy of investment. I was expecting you to explain the various Bitcoin strategy because many folks believe DCA is the only successful and effective strategy. It seems they do not know why many practice that strategy. There is buying on dips, lump sum, dca and so many others. But its preferable to use DCA as a pleb so you can manage your investment and other part of you life without getting hooked. On the other hand, people who are rich use lump sum to buy. Which I will prefer if I have that kind of money.
The DCA is talked about mostly so newbies won't be mislead into starting their accumulation journey with buying during the dip and Lump sum moreover when you're doing the DCA you'll still get opportunity to buy the dip since you'll encounter several dips while on it along the way, well it's not a bad idea like you said to explain other strategies as well so newbies would understand what they're all about and which to prioritise more on. One good thing about the DCA is that it's for everyone not only specifically for a particular class of investors and remember that not all newbies are rich enough to do the lump sum some were even waiting till they had more money that's why they didn't start earlier.That's right, though anyone can choose the type of strategy they love or better still the one that makes them feel comfortable doing. There are disciplined buy the dip accumulators who continually buys the dip once in a month or as it suits them. But one of the reason I prefer DCA over buy the dip is, the fact that with DCA you can actually buy at any price range and sometimes the price most people consider too high to buy bitcoin could in turn become one of the dip prices in the next few month. Since we can't always tell we're the proce is headed especially on small time frames, then we just have to buy not considering price.
This story dey touching oo, you can imagine the level of enthusiasm wey this guy put up. This na to tell us say if you get mind to do something na you be your first obstacle, but when you don't defeat yourself the rest go just be like say na juice wey you dey drink. Meanwhile some of us they think say na only person get big money e go fit start to invest in bitcoin, I believe say this guy na DCA e dey use anytime e sell small can e go just push the money inside, yet if some of us say make we use from our salary seff take buy bitcoin e go pass 5 years before we go fit get 1 because of cost of living.